Friday, January 28, 2011

Indian Stock Market Daily Outlook

NIFTY FUTURE 28 JAN 2011


Readers of the blog would have minted the almighty dollar as nifty future crashed exactly from


MBP to the second target given. What a great selling by FIIs on expiry day !!!




As the February series starts, 5625 becomes the MBP.


Very strong supports exist at 5595 and 5580.


Break down level is 5565. Break below 5565 will lead to 5538 and 5515.




Reversal from support will take nifty future to 5655 and 5670.


Breakout level is 5687. Breakout targets are 5715 and 5740.




NEXT: A beautiful F&O  expiry








Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss





No comments:

World Markets (delayed)